Ratnabali Capital Markets Ltd.

RATNABALI CAPITAL MARKETS LIMITED

AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH, 2011.
							(Rs. in Lakhs)
		STANDALONE RESULTS				CONSOLIDATED RESULTS
Sl	Particulars	Quarter ended		Year ended		Year ended
No		31.03.2011	31.03.2010	31.03.2011	31.03.2010	31.03.2011	31.03.2010
		(Unaudited)	(Unaudited)	(Audited)	(Audited)	(Audited)	(Audited)

1	a) Income from Operations	31,528.82	17,391.26	82,460.23	97,410.38	82,461.98	97,410.38
	b) Other Operating Income	575.63	1,110.71	968.07	1,445.94	982.93	1,453.83
2	Expenditure :
	a) (Increase) / decrease in Stock in Trade	(743.33)	(1,182.97)	(4,411.53)	992.72	(4,412.78)	992.72
	b) Purchase of traded goods	32,448.45	19,604.64	85,996.59	97,089.51	85,999.59	97,089.51
	c) Employees cost	62.20	53.88	216.36	162.90	216.36	162.90
	d) Depreciation	9.69	10.21	41.58	43.00	41.65	43.00
	e) Other expenditure	193.97	225.19	763.50	827.73	765.78	832.41
	f) Total	31,970.98	18,710.95	82,606.50	99,115.86	82,610.60	99,120.54
3	Profit from Operations before Other Income, Interest &
	Exceptional items (1-2)	133.47	(208.98)	821.80	(259.54)	834.31	(256.33)
4	Other Income	11.00	174.93	429.13	1,554.79	429.13	1,554.79
5	Profit before Interest & Exceptional Items (3+4)	144.47	(34.05)	1,250.93	1,295.25	1,263.44	1,298.46
6	Interest	58.44	33.81	346.48	252.75	346.58	252.75
7	Profit after Interest but before Exceptional Items (5-6)	86.03	(67.86)	904.45	1,042.50	916.86	1,045.71
8	Exceptional Items	-	-	-	-	-	-
9	Profit from Ordinary Activities before tax (7+8)	86.03	(67.86)	904.45	1,042.50	916.86	1,045.71
10	Tax expense / ( write back) (including deferred tax)	(167.29)	(28.17)	(56.39)	(23.68)	(52.48)	(22.62)
11	Net Profit from Ordinary Activities after tax (9-10)	253.32	(39.69)	960.84	1,066.18	969.34	1,068.33
12	Extraordinary Items	-	-	-	-	-	-
13	Net profit before adjustment of Share of Associate (11-12)	253.32	(39.69)	960.84	1,066.18	969.34	1,068.33
	Add : Share of Profit of Associate					0.06	-
	Net profit after adjustment of Share of Associate	-	-	-	-	969.40	1,068.33
14	Paid-up equity Share Capital (Face value of Rs. 10/- each)	520.30	520.30	520.30	520.30	520.30	520.30
15	Reserves excluding Revaluation Reserves	--	--	7,786.98	7,067.02	7,797.68	7,069.16
	(as per balance sheet of previous accounting year)
16	Earnings Per Share (EPS)
	Basic and Diluted EPS (not annualised)	4.87	(0.76)	18.47	20.49	18.63	20.53
17	Public Shareholding
	- Number of shares	1,301,726	1,305,700	1,301,726	1,305,700	1,301,726	1,305,700
	- Percentage of shareholding	25.02	25.10	25.02	25.10	25.02	25.10
18	Promoters and Promoter group Shareholding
	a) Pledged / Encumbered
	- Number of shares	--	--	--	--	--	--
	- Percentage of shares (as a % of the total shareholding of promoter and promoter group)	--	--	--	--	--	--
	- Percentage of shares (as a % of the total share capital of the Company)	--	--	--	--	--	--
	b) Non - encumbered
	- Number of shares	3,901,274	3,897,300	3,901,274	3,897,300	3,901,274	3,897,300
	- Percentage of shares (as a % of the total shareholding of promoter and promoter group)	100.00	100.00	100.00	100.00	100.00	100.00
	- Percentage of shares (as a % of the total share capital of the Company)	74.98	74.90	74.98	74.90	74.98	74.90

	Notes :-

1.	The above results have been reviewed by the Audit Committee and taken on record by the Board of Directors at their meeting held on
	30th April, 2011.
2.	The Consolidated Financial Results include audited results of its wholly owned subsidiary - Ratnabali Investment Pvt. Ltd., and unaudited Share of Profit of it's Associate - Midas Asset Reconstruction Company Pvt. Ltd., where the company holds 33.33% of the Share Capital of the Associate.
3.	The Company is engaged in single segment as defined in Accounting Standard (AS) 17, hence Segment Reporting is not applicable.
4.	Information on Investors' complaints for the quarter - (nos) : Opening - Nil, Received - Nil, Disposal - Nil, Closing - Nil.
5.	The Board of Directors, subject to shareholders' approval, have recommended 40 % dividend i.e. Rs 4 per share, for the year ended 31st March 2011.
6	The figures for the corresponding periods have been restated, wherever found necessary, to make them comparable.

				By order of the Board
				For Ratnabali Capital Markets Ltd
	Place : Kolkata			VIKASH SOMANI
	Date : 30th April, 2011			MANAGING DIRECTOR